Phillips County Real Estate and Livability Trends
Phillips County, Kansas has seen some intriguing real estate market dynamics over the past few years. Median home values climbed from $72,700 in 2015 to $95,400 in 2022, though still lower than state and national averages. Real estate taxes per return rose steadily from $2,067.74 in 2012 to $3,625.00 in 2021, possibly signifying increased local investment. Despite the agricultural backbone... Read more
Phillips County Market Trends
Median home values in Phillips County, Kansas, increased from $72,700 in 2015 to $95,400 in 2022, although they remain lower than state and national averages. The residential energy tax credit per tax return peaked at $300.00 in 2021, hinting at a rise in energy-efficient upgrades. Real estate taxes per tax return have steadily risen from $2,067.74 in 2012 to $3,625.00 in 2021, possibly... Read more
Median Value of Occupied Housing Units in Phillips County, Kansas Over the Last 8 Years
Median home values in Phillips County, Kansas saw an upward trend over the past eight years, moving from $72,700 in 2015 to $95,400 in 2022. While this growth represents a substantial increase, values here still lag behind state and national averages. Kansas as a whole rose from $132,000 to $189,300, and nationally, values went up from $125,500 to $179,400. Investors and potential homeowners might find Phillips County attractive due to relatively lower entry costs compared to broader markets, despite the steady appreciation.
Residential Energy Tax Credit Per Tax Return in Phillips County, KS Over the Last 5 Years
In Phillips County, Kansas, the average residential energy tax credit per tax return has shown fluctuations over the past five years. Peaks were seen in 2021 with an average credit of $300.00, reflecting a possible increase in energy-efficient home improvements or installations. Conversely, dips like in 2016, when the average credit dropped to $200.00, might indicate fewer home energy upgrades. For those considering investing or building in the area, these variances could suggest evolving local interest in energy-efficient technologies and potential future market incentives.
Average Real Estate Taxes Per Tax Return in Phillips County, KS Over the Last 10 Years
Phillips County, Kansas has seen a notable upward trend in average real estate taxes per tax return over the past decade. Starting at $2,067.74 in 2012 and gradually increasing to $3,625.00 by 2021, this consistent rise could indicate a growing investment in local infrastructure or property values. For investors, real estate agents, and insurance agents, this tax trend potentially reflects a stabilizing or thriving property market. For those looking to build, move to, or appraise property, understanding these shifts is crucial for anticipating future expenses and assessing property values in the county.
Percentage of Farm Returns in Phillips County, KS Over the Last 10 Years
Farm tax returns in Phillips County, Kansas, have shown a subtle but generally stable trend over the past decade, hovering around 18.00% to 18.97%. These figures suggest that a steady proportion of the county's income is derived from agricultural activities. For investors and potential residents, the data could imply a robust agricultural economy, which might be appealing for those considering ventures in agribusiness or related properties. The slight fluctuations in farm returns highlight the resilient nature of Philips County's farming sector, reinforcing its potential as a stable investment opportunity.
Number of Mortgages by Occupancy Type in Phillips County, KS Over the Last 5 Years in Phillips County
Phillips County, Kansas has seen varying trends in mortgage counts for different occupancy types over the last five years. Principal residences consistently lead the pack but show significant fluctuations, peaking at 105 in 2021 and dipping to 44 in 2018. Investment properties and second residences maintain relatively low yet stable numbers. These shifts in occupancy types can inform investor interest and might signal demographic changes or economic conditions affecting housing demand. Appraisals, insurance premiums, and real estate market strategies could all be impacted by these nuanced, year-to-year variances.
Economic Outlook
Phillips County, Kansas has experienced an increase in average taxable income per tax return, rising from $44,107.95 in 2013 to $58,309.27 in 2021, with notable fluctuations suggesting economic expansions or other influences. The average state and local income taxes have also shown volatility, peaking at $8,500.00 in 2020 after hitting a low of $4,177.27 in 2015. Similarly, average tax liabilities varied significantly, with a peak of $8,421.74 in 2021, reflecting potential economic shifts or... Read more
Average Taxable Income per Tax Return in Phillips County, KS over the last 9 years
Phillips County, Kansas has demonstrated a somewhat volatile yet overall upward trend in average taxable income per tax return over the past nine years, with a notable rise from $44,107.95 in 2013 to $58,309.27 in 2021. Significant fluctuations occurred, particularly in 2014 and 2020-2021, suggesting periods of local economic expansion or other influencing factors. This trend might be appealing for potential investors, builders, or new residents, offering a snapshot of economic conditions that could translate into opportunities for growth and stability in the region.
Average State and Local Income Taxes Per Tax Return in Phillips County, KS Over the Last 10 Years
Over the past decade, Phillips County, Kansas has seen a roller-coaster trend in average state and local income taxes per tax return, peaking notably at $8,500.00 in 2020. After hitting a low of $4,177.27 in 2015, taxes saw fluctuations before spiking dramatically in 2020. This financial ebb and flow suggests a volatile economic environment, which is crucial for potential investors and residents to consider when assessing long-term fiscal stability in the region.
Average Total Tax Liability Per Tax Return in Phillips County, KS Over the Last 10 Years
Phillips County, Kansas has seen a notable fluctuation in average tax liabilities over the past decade. While tax liabilities peaked in 2021 at $8,421.74, there were significant dips, such as in 2018 when the average was just $5,789.47. This variability could signal economic shifts or policy changes, making it crucial for potential investors and residents to stay informed about the underlying factors driving these changes.
Cost of Living in Phillips County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $959 | $1,424 | $2,183 | $966 | $1,205 |
| 1 adult 4 children | $959 | $1,163 | $1,671 | $966 | $1,297 |
| 2 adults 3 children | $959 | $1,163 | $1,893 | $966 | $963 |
| 1 adult 3 children | $959 | $949 | $1,381 | $966 | $1,028 |
| 2 adults 2 children | $788 | $952 | $1,603 | $837 | $853 |
| 1 adult 2 children | $788 | $711 | $1,091 | $837 | $773 |
| 2 adults 1 child | $788 | $752 | $1,313 | $419 | $782 |
| 1 adult 1 child | $788 | $486 | $801 | $419 | $653 |
| 2 adults | $599 | $604 | $1,023 | $0 | $671 |
| 1 adult | $584 | $330 | $511 | $0 | $585 |
Safety trends & Data
Phillips County, Kansas has seen varied property crime trends over recent years, including a notable decrease in fraud cases from 7 in 2018 to just 2 in 2019, followed by a slight uptick to 3 in 2020. Burglaries, larceny-thefts, and motor vehicle thefts were minimal, with typically 1 or 2 incidents in 2019 and none in 2020. Vandalism was rare, with only 1 reported case in 2020. This periodic fluctuation in crime data could impact property values and insurance rates, making it crucial for... Read more
Property Crime Trends in Phillips County, KS Over the Last 3 Years
Phillips County, Kansas has experienced varied property crime trends in recent years. Fraud cases, with 7 in 2018, decreased significantly to 2 in 2019 but slightly rose to 3 in 2020. Other property crimes such as burglary, larceny-theft, and motor vehicle theft were all recorded in 2019 with low numbers, typically 1 or 2 incidents each, and no subsequent occurrences in 2020. Vandalism appears as a minor issue with only 1 reported case in 2020. This fluctuation in crime data suggests periodic changes that may influence property values and insurance rates, pertinent information for investors, potential residents, real estate agents, and appraisers.
Demographics
Phillips County, Kansas exhibits a balanced gender distribution among adults, with nearly equal numbers of males and females. The region's educational landscape reveals that a significant portion of the population achieved a high school diploma, with smaller segments pursuing higher education. The age distribution suggests a substantial presence of older adults, particularly those aged 55 and above. Racially, the county is predominantly white, with limited representation from other racial... Read more
Race Distribution in Phillips County, Kansas (2022)
Educational Attainment in Phillips County, Kansas (2022)
Age Distribution in Phillips County, Kansas
Citizen Population in Phillips County, Kansas (2022)
Political Trends & Data
In Phillips County, Kansas, the 2020 U.S. Presidential Election showed a strong preference for the Republican party, capturing around 87% of the votes. Democrats trailed significantly at approximately 11%, and Libertarian support was negligible near 2%. This overwhelming conservative lean could shape local and state policies, affecting various decisions in the area, possibly including those related to real estate development and zoning... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Phillips County, Kansas, the 2020 U.S. Presidential Election saw a significant lean towards the Republican party, with approximately 87% of the votes, while the Democrat candidate garnered about 11%. Libertarian support was minimal, barely reaching 2%, and there was virtually no support for the Green party or other candidates. This distribution underscores the county's strong conservative preference, potentially influencing local and state policy directions.
86.95% of voters voted for the Republican party in the 2020 Presidential Election
11.43% of voters voted for the Democrat party in the 2020 Presidential Election
1.62% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Phillips County, Kansas has seen its student-to-teacher ratio rise from 9 students per teacher in 2014 to nearly 11 in 2023, still well below the national average of 14. This lower ratio suggests a more personalized educational experience, making the area potentially more attractive to homebuyers prioritizing quality education. This trend could influence the perceived value and desirability of homes, providing key insights for real estate professionals highlighting the region's unique... Read more
Student-to-teacher ratio in Phillips County, Kansas over the last 10 years
Over the last decade, Phillips County, Kansas has seen a gradual increase in the student-to-teacher ratio, starting at 9 students per teacher in 2014 and rising to nearly 11 in 2023. This trend may not seem significant at first glance, but when compared to the national average of 14 students per teacher, Phillips County offers a more personalized educational experience. For those looking to invest in real estate or move to the area, this could be an appealing factor due to the potential for higher-quality education. Property appraisers and insurance agents might also find this trend noteworthy as it can influence the desirability and perceived value of homes in the region. Real estate agents could leverage this data to highlight the benefits to prospective buyers, particularly families prioritizing education.
